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Cypriot night vision goggles manufacturer has benefited from defence industry boom
Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
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Bank of America Merrill Lynch has lost a member of its equity capital markets syndicate team in Hong Kong, according to sources. -
The Indian government has kicked off the divestment of a 5% stake in Container Corp of India, which would add about Rp11.65bn ($173m) to the country’s coffers.
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Singapore’s OUE Hospitality Trust is carrying out an underwritten and renounceable rights issue worth S$238.6m ($171.4m) as it seeks to raise funds for an airport hotel purchase.
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Fomento de Construcciones y Contratas, the Spanish construction company, said on Thursday that it had received a 99.72% take-up on its €710m rights issue, which was placed without banks. But the market will have to wait till next week to find out how large Carlos Slim’s stake in the firm is now.
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Fomento de Construcciones y Contratas, the Spanish construction company, released the take-up figures for its rights issue on Thursday.
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The Indian government has set its divestment target for the next financial year beginning April at Rp360bn ($5.3bn), cutting its goal for share sales to nearly half of this year’s objective.
